YOUR
DIRECTORS

Chief Executive Officer (M SMITH)4	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	3,000,000	4,500,000	0	1,594,0002,3	9,094,000
less amounts which must be deferred in respect of 2008/09 year	0	2,100,000	0	1,589,0002	3,689,000
Amount received – 2008/09 year	3,000,000	2,400,000	0	5,0003	5,405,000
Amount received – related to prior year allocations1					0

1. Includes prior year deferred STI/LTI components and/or equity grants which first became payable in the 2008/09 year.
2. Special equity grant – Dec 08 – 700,000 options valued @ $2.27 per option.
3. Provision of Australian taxation return services by PwC.
4. On commencement with ANZ, M Smith was granted three tranches of equity valued at $3 million each. The first of these tranches of deferred shares became available on 2 October 08 – price at vesting $19.0610 (based on 1 day VWAP as at 2 Oct 08). Therefore the value of this tranche at date of vesting was $2,096,920. This amount is not reflected in the table above as it relates to a specific equity arrangement associated with his commencement and is not a part of his standard remuneration arrangements.
5. LTI grants covering the CEO’s first three years in the role were granted on his commencement and, therefore, no further grant was made in the 2008/09 year – details of the LTI grants are provided in the LTI section above. No value was received from these LTI grants in the current year. Accordingly, no value for LTI is provided in the table as having been awarded or received in 2008/09.

 

GMD, Operations, Technology and Shared Services (D CARTWRIGHT)4	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	850,000	730,000	350,000	128,9773,4	2,058,977
less amounts which must be deferred in respect of 2008/09 year	0	265,000	350,000	0	615,000
Amount received – 2008/09 year	850,000	465,000	0	128,977	1,443,977
Amount received – related to prior year allocations1					134,810

 

Deputy CEO and Acting CEO Australia (G HODGES)	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	1,000,000	860,000	500,000	145,9404	2,505,630
less amounts which must be deferred in respect of 2008/09 year	0	330,000	500,000	0	830,000
Amount received – 2008/09 year	1,000,000	530,000	0	145,940	1,675,940
Amount received – related to prior year allocations1					0

 

Chief Financial Officer (P MARRIOTT)	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	1,000,000	850,000	500,000	0	2,350,000
less amounts which must be deferred in respect of 2008/09 year	0	325,000	500,000	0	825,000
Amount received – 2008/09 year	1,000,000	525,00	0	0	525,000
Amount received – related to prior year allocations1					0

 

Chief Risk Officer (C PAGE)	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	850,000	1,600,000	425,000	301,9884	3,176,988
less amounts which must be deferred in respect of 2008/09 year	0	700,000	425,000	0	1,125,000
Amount received – 2008/09 year	850,000	900,000	0	301,988	2,051,988
Amount received – related to prior year allocations1					0

 

CEO, Asia Pacific, Europe and America (A THURSBY)2	Fixed Pay ($)	STI ($)	LTI5 ($)	Other grants/benefits ($)	TOTAL ($)
Amounts paid or granted in respect of 2008/09 year	1,000,000	2,600,000	550,000	88,3513,4	4,238,351
less amounts which must be deferred in respect of 2008/09 year	0	1,200,000	550,000	0	1,750,000
Amount received – 2008/09 year	1,000,000	1,400,000	0	88,351	2,488,351
Amount received – related to prior year allocations1					0

 

1. Includes prior year deferred STI/LTI grants which first became payable in the 2008/09 year.
2. In addition to remuneration shown above, A Thursby received an equity grant in 2008/09 in accordance with his employment arrangements on joining ANZ. ANZ agreed to provide A Thursby with 3 separate tranches of deferred shares to the value of $1 million per annum. The first grant was made on 3 September 2007, the second on 28 August 2008 and the final tranche was granted on 22 September 2009. The shares are restricted and held in trust for three years from the date of allocation.
3. Taxation services provided by PricewaterhouseCoopers.
4. Relocation expenses.
The above table covers those disclosed Executives who were employed at the Executive level for the full year.